I want to grow bitcoin network effect.
Discussion
By destroying its value proposition for early Bitcoin investors like me? That are exactly the unintended consequences I am talking about.
I'm an early investor in Bitcoin too. Drivechain is a softfork, if you don't like it, you don't need to use it. Bitcoin continues to work the same way always worked for you.
I know. I recognised your user name.
Soft forks have unintended consequences all the time. It's not just about me deciding to use the feature or not.
See, I don't have anything against experimenting with drivechains. Just not on Bitcoin. And definitely not now.
Ok, we have a different vision about it. I think do nothing can have bad consequences too.
The "unintended" consequences I see are more network effect, more experimentation, more use cases, more users.
Me, too. And: because privacy became such an important topic in today's society I am now a Monero and Bitcoin guy.
To grow network effect we can't have others coins competing with Bitcoin. Doesn't make sense.
I'd argue: Competition is the only path to ensure value.
Do you want competition in the currency you hold? I prefer to absorve the improvements in one single currency.
How to convince people to use and hold bitcoin if there are many projects competing with it? and with bitcoin stagnant.